Agree, GLN is a good stock. I particularly like it's low impurity Mg ratio to Lithium. I have GLN shares at 10c and recently sold down some holding after a strong run at record high levels. You can't predict the top or bottom prices, as long as you are happy with your profits.
Same as COB and TMT. I went to conference last year. I bought those stocks and sold out at very healthy (multi fold) profits. I remember at $1, every posters on COB and TMT said they are going to rocket to $5. Well I didn't think so. I didn't post anything, just read because when investors are in euphoria state, people don't listen and will keep dreaming about another 10 baggers. Everyone said cobalt price will rocket. My view is if everyone is going crazy buying a stock, that's the best time to sell. When people are in euphoria state, they will pay anything. Similar to property market. I've seen a house auction with more than 120 active bidders and went out out bid each other for 4 hours. What's the chance of buy it cheap? Zero.
GLN is a good stock, same as KDR and many others. Consider the price you are paying.
yes, I'm a bit worry about lithium price. But both Chilean and Argentina lithium brine producers are low cost.
